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Mar 19, 2012 4:30pm PDT
optimism come back to steel stocks this month, including today. u.s. steel's 6% rally was the best among the s&p 500 stocks. despite today's rally, u.s. steel shares are down 40% over the past year. we also some after the close optimism from fashion designer michael kors. this company just came public late last year. shares were down 2% during the regular session, but were 4% stronger after the bell. that came afr the coan raised its quarterly earnings guidance even though it cautioned its revenue may be disappointing. it blames that on problems with a new distribution center delaying deliveries. the company also is taking advantage of its share price more than doubling since its initial offering. it is looking to sell more stock according to the "wall street journal." meantime, retailer kohl's fell 3% on heavy volume. in its annual report it says it will be less aggressive passing along higher costs to shoppers, hurting its profit margins. while the stock indis are running higher, so are bond interest rates, meaning bond prices have been moving lower. bond interest rates and prices move
Search Results 0 to 0 of about 1